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All the kids get $500 - Printable Version

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All the kids get $500 - EightFingers - 02-18-2014

You'll need to read the last sentence for "Hawaii-related".

http://www.foxnews.com/politics/2014/02/18/lawmakers-look-at-universal-savings-accounts-for-children-at-federal-state-and/

Say it comes up for a vote, are you for or against?


RE: All the kids get $500 - Bullwinkle - 02-18-2014

banksters need more federal cash? grin


RE: All the kids get $500 - Kelena - 02-18-2014

Always please summarize links.


RE: All the kids get $500 - Bullwinkle - 02-18-2014

please goes a long way in making a request - or is this a demand?

dont want to offend the enforcers - grin

anyone going to work today?




RE: All the kids get $500 - EightFingers - 02-18-2014

quote:
Originally posted by Kelena

Always please summarize links.


The summary is in the link itself.


RE: All the kids get $500 - bgiles - 02-18-2014

It's soooooooooooo easy to be generous with someone else's money.

bamboo2u


RE: All the kids get $500 - Haaheo okole puka - 02-18-2014

Oh wonderful, another slush fund for the government to raid.


RE: All the kids get $500 - Hawnjigs - 02-18-2014

Oh yeah, that will fix the “dysfunctional, rotten mess of a carcass” tax code.



Aloha aina, aloha kai


RE: All the kids get $500 - Guest - 02-18-2014

This big government plan with our money for our children will work! You can bet on it! /s


RE: All the kids get $500 - HereOnThePrimalEdge - 02-18-2014

I don't think it's a great idea by any means, but as a comparison:

The Obama Administration is proposing to remove 8 subsidies to the oil and gas industry amounting to $38.5 billion over the next 10 years or roughly $4 billion a year). Keep in mind this is by no means all of the subsidies the oil and gas industry receives:
http://www.theatlantic.com/business/archive/2013/03/americas-most-obvious-tax-reform-idea-kill-the-oil-and-gas-subsidies/274121/

There are about 4 million babies born in the US every year. At $500 for each savings account, that's $2 billion a year.

Half of what the strongest, most powerful industry in America receives as corporate welfare every year from the proposed cuts to their current subsidies.